Binance, one of the world’s largest crypto exchanges, is making a play for its competitor FTX Trading, which was on its own acquisition spree before reports surfaced that it was battling insolvency.

The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super Bowl ad starring comedian Larry David.

A $4.7 billion portfolio — spanning Anthropic, Solana, Robinhood, SpaceX and Sui — would be worth an estimated $52.5 billion today. Creditors got cents on the dollar instead.

The bankrupt exchange’s fourth payout will bring many customer and unsecured claims to full recovery, with preferred equity holders set to receive initial payments in May.

Beleaguered cryptocurrency exchange FTX may have more than 1 million creditors, according to a new bankruptcy filing, hinting at the huge impact of its collapse on crypto traders. Last week, when it ...

The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects: It's ensnared a list of celebrities who endorsed the now-bankrupt platform, and ...

The FTX estate has unstaked $17M worth of Solana as part of creditor repayments, but data shows strong staking trend.

Over a month after the collapse of FTX, investor concern over crypto exchange Binance isn't fading. Stream Connecticut News for free, 24/7, wherever you are. The latest issue looming over Binance is ...

Binance said Tuesday it has signed a letter of intent to acquire its most formidable rival FTX, delivering a surprising twist to days-long public spat between the world's two largest crypto exchanges ...

In the document dated Sept. 30, Bankman-Fried claimed FTX and Alameda Research entered the November 2022 liquidity crunch with $25 billion in assets and $16 billion in equity, enough to meet the $8 ...